Press release
Engineering Services Market Report 2020 COVID 19 Impact Analysis Updated Edition Top key Players – Rapid Value, Jacobs, Laing O’ Rourke, EInfochips, ACS Gro.
The Business Research Company offers "Engineering Services Global Market Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global engineering services market is expected to decline from $955.7 billion in 2019 to $945.2 billion in 2020 at a compound annual growth rate of -1.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $1101.2 billion in 2023.
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The engineering services market consists of sale of engineering services. Engineering services’ companies apply physical laws and principles of engineering in the design, development, and utilization of machines, materials, instruments, structures, processes, and systems. Engineering services include technical application of engineering in product designing, innovations and others in industries such as building construction, mining, power and energy, transportation, manufacturing and others.
The increasing popularity and adoption of the Internet of Things (IoT) across the globe is the latest trend in the engineering services market. Internet of things (IoT) is a system of inter-related devices enabling transmission of data over a wide range of network. IoT enables continuous innovations in real-time data analytics, design and develop products and help businesses grow at a faster pace.
Engineering Services Market Segmentation:
By Type
1. Civil Engineering Services,
2. Environmental Engineering Services,
3. Construction Engineering Services,
4. Mechanical Engineering Services,
5. Others Engineering Services.
By Compressor Type
1. Positive Displacement,
2. Centrifugal
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Few Points From Table Of Content
1. Executive Summary
2. Engineering Services Market Characteristics
3. Engineering Services Market Size And Growth
4. Engineering Services Market Segmentation
5. Engineering Services Market Regional And Country Analysis
……
25. Engineering Services Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Engineering Services Market
27. Engineering Services Market Trends And Strategies
28. Engineering Services Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the engineering services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the engineering services market are Aricent Inc., ALTEN Calsoft Labs, L&T Technology Services, Mindtree , Persistent, Semcon, Cognizant, SNC-Lavalin, Rapid Value, Jacobs, Laing O’ Rourke, EInfochips, ACS Gro.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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